DINARRECAPS8 2/15/25 DINARRECAPS8 2/15/25

Iraq Economic News and Points to Ponder Saturday AM 2-15-25

Green Oil ... A Basic Pillar For Achieving Food Security

Economic 2025/02/13   Baghdad: Imad of the emirate It is dependent on the achievement of food security by

     improving the performance of the agricultural sector and the
     stimulation of industries, especially those that depend on agricultural and animal products, such as the
     manufacture of tomato paste, jams and dairy, and the production of meat, lumbar and woolen textiles, and leather industry, in a way that achieves the principle of integration between the sectors (industry and agriculture) as the most important sectors in increasing national income And his permanence.

In order to reach this goal, the government encourages the private sector to establish agricultural / industrial complexes or what is called "green oil".

The former Undersecretary of the Ministry of Agriculture, Dr. Mahdi Al -Qaisi, said:

Food manufacturing includes a group of industries that all depend on plant and animal agricultural products and marine and fish products, usually

food manufacturing is that it is one of the most prominent pillars of food security.

Al -Qaisi added, in an interview with "Al-Sabah", that the

increase in plant agricultural production and livestock in quantity and quality contribute to the advancement of food manufacturing outputs by

providing the initial material necessary for this industry and
upgrading various preservation and manufacturing operations such as canning, drying, freezing, fermentation, etc., indicating that the

food industry aims to obtain On a product that meets the consumer's desires and ensures its health and nutritional quality.

Absorbing the Surplus

Regarding the goals of preserving and manufacturing food, Al -Qaisi explained that it is the

conservation as much as possible for its natural characteristics
     away from pollution and
     changes that occur in their quality during storage and circulation, and to
     absorb the surplus of crops and agricultural products and
     manufacture them to find a balance between supply and demand and price stability, which

encourages farmers to produce more and at a continuous pace. He pointed out that

Food Manufacturing

     maintains agricultural crops from damage and
     prolonging their treasury life, and
     contributes to absorbing unemployment and
     creating many and varied areas of work.

Al -Qaisi pointed out that lunch

manufacturing is the optimal investment of agricultural raw materials and obtaining secondary products from manufacturing operations that constitute an added economic value, noting that

this reflects the change of the consumer food pattern, which reflects on
     reducing waste and losing food and
     achieving economic feasibility

to face accelerated population increases and the increasing rise in food prices Globally.

Manufacturing Activities

And on the process of upgrading food industries in Iraq, between the agricultural expert: that the food industries sector in Iraq is exposed to a relatively long long period of time to stop in a number of factories and manufacturing activities for several reasons, the most prominent of which is commodity dumping, so it requires serious consideration in the issue of supporting and upgrading national food industries

To take its true position in food and economic security.

Industrial Crops

For his part, economic affairs specialist, Dr. Ahmed Al -Rawi, stated that

Iraq is one of the agricultural countries that are characterized by the production of crops that can be manufactured such as dates, diabetic beets, sesame and vegetables, again the

call for a number of industries that depend on these crops, which encourages farmers to demand the cultivation of industrial crops It helps its development. Al-Rawi told Al -Sabah:

The entry of agricultural products in manufacturing leads to the withdrawal of the surplus of agricultural crops at the time of the peak of its productive season, which maintains their prices from landing, usually food security for any country as part of its national security, and that

one of the procedures for supporting food security is is The establishment of advanced food industries helps to provide the individual-made foods, especially in times of environmental disasters, wars and crises.  https://alsabaah.iq/110110-.html

Prime Minister: The Government Has Taken A Series Of Measures To Facilitate Companies’ Work In The Field Of Digital Transformation

Money and business Economy News – Baghdad Prime Minister Mohammed Shia Al-Sudani confirmed today, Friday, that the government has taken a series of measures to facilitate the work of companies in the field of digital transformation.

The Prime Minister's Media Office said in a statement received by "Al-Eqtisad News", "Prime Minister Mohammed Shia Al-Sudani received the CEO of the German company (Veridos), Mark Seifert, on the sidelines of his participation in the 61st Munich Security Conference."

The statement added that "the meeting discussed developing cooperation with the global company specialized in printing passports and national cards, through its factory in the capital, Baghdad, which is one of the most prominent links in the economic relationship between Iraq and Germany."

Al-Sudani welcomed - according to the statement - the tasks carried out by the company and reviewed its programs, especially those related to digital transformation in developing government services for citizens, indicating that "the government has taken a series of measures within its program to facilitate the work of companies to achieve tangible progress in this field."
https://economy-news.net/content.php?id=52795

Oil Prices Continue To Decline At Settlement

Friday 14 February 2025 | Economic Number of readings: 422 Baghdad / NINA / Oil prices continued to decline at settlement, for the second day in a row, after a series of gains that lasted for three days.

Brent crude futures fell by 16 cents, or 0.21 percent, to settle at $ 75.02 per barrel. "

West Texas Intermediate crude futures also fell by 8 cents, or 0.11 percent, to settle at $ 71.29 per barrel."

The decline came after three days of gains, following the US Energy Information Administration's announcement, earlier on Wednesday, of an increase in crude oil and distillate inventories, and a decline in gasoline inventories last week. / End

https://ninanews.com/Website/News/Details?key=1185576

Al-Sudani Discusses With A Spanish Company Building Iraqi Capabilities In The Field Of Military Industries

Buratha News Agency15020 25-02-14 In Munich, Prime Minister Mohammed Shia Al-Sudani discussed with the head of the Spanish Indra Group building Iraqi capabilities in the field of military industries.

A statement from his office said that Al-Sudani "received at his residence in Munich, today, Friday, the head of the Spanish company (Indra), Angel Escribano, and his accompanying delegation, which is a company specialized in the field of information technology, simulation and automated testing equipment, and electronic defense systems."

The guest delegation reviewed the company's work and contracts in Iraq, where discussions are currently underway with the Ministry of Interior regarding the supply of border security control and monitoring devices.

During the meeting, Al-Sudani stressed "the importance of expanding cooperation mechanisms with Indra Company, and directed to secure a meeting for it with the head of the Military Industrialization Authority to enter into joint projects, including technology transfer and building Iraqi capabilities in the field of military industries." https://burathanews.com/arabic/news/456428

For current and reliable Iraqi news please visit: https://www.bondladyscorner.com/

DINARRECAPS8 2/15/25 DINARRECAPS8 2/15/25

Seeds of Wisdom RV and Economic Updates Saturday Morning 2-15-25

Good Morning Dinar Recaps,

BRAZIL REJECTS BRICS CURRENCY BUT PLANS TO REDUCE US DOLLAR DEPENDENCY

Brazil is all set to chair the 17th BRICS summit in Rio de Janeiro in July this year. The presidency will not advance a BRICS currency but plans to reduce dependency on the US dollar, said four Brazil government officials on the condition of anonymity.

The agenda of the upcoming summit aims to pave the way to end reliance on the US dollar.

The next BRICS summit will discuss the advancement of cross-border payments and cement policies that prefer local currency usage. The move will bring inflation in the US making daily essentials skyrocket and could also lead to job cuts.

Good Morning Dinar Recaps,

Brazil Will Not Work on BRICS Currency But Aim to End Reliance on US Dollar

The Brazilian officials revealed that the idea of a common BRICS currency has not entered technical discussions yet, though Brazil’s President Luiz Inacio Lula da Silva was among the first leaders to flout the idea.

The government officials told Reuters that the next summit will see trade policies solely focused on local currencies.

However, the officials said that reducing reliance on the US dollar does not mean the alliance targets the West. “It’s not directed against anyone,” said the source.

The bloc is also eyeing multilateral bodies like the Bank for International Settlements (BIS) for cross-border transactions. Therefore, BRICS currency might not be a reality now but de-dollarization will be kept alive in different forms.

Sources state that BRICS does not want to launch a currency due to Trump’s erratic behavior. The President warned that if the alliance stops using the US dollar, it will face tariffs on goods entering the country. “There is no chance that BRICS will replace the US Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America!” Trump wrote on Truth Social.

@ Newshounds News™

Source: Watcher Guru

~~~~~~~~~

US IRS PREPARES TO LAY OFF THOUSANDS OF WORKERS, SOURCES SAY

Feb 14 (Reuters) - The U.S. Internal Revenue Service is preparing to fire thousands of workers in the coming days, a move that could squeeze resources at the tax-collecting agency during the critical tax-filing season, two people familiar with the matter said.

Officials from the Office of Personnel Management, which oversees federal hiring, ordered all agencies on Thursday to dismiss their probationary employees, workers who are newer to their positions and do not enjoy full job protections.

The IRS remains busy for months after the deadline, processing returns and delivering refunds to taxpayers.

The IRS layoffs, first reported by the New York Times, come as part of a broader effort by President Donald Trump and Elon Musk's overhaul of the federal government, which they argue is too bloated and inefficient, and ripe with waste and fraud.

The IRS did not immediately respond to a request for comment.

The second person familiar with the impending layoffs expressed concerns that the cuts would be made without care to how it might hinder the agency's operations.

"They are trying to reduce numbers across the board with no analysis to the impact it will have on operations," the person said.

@ Newshounds News™

Source: Reuters

~~~~~~~~~

GEORGIA PLANS BITCOIN INVESTMENTS FOR STATE TREASURY FUNDS

▪️Georgia proposes a bill allowing the state treasurer to invest in Bitcoin to diversify public funds.

▪️The bill aims to use Bitcoin as a hedge against inflation, with strict regulations for risk management.

Georgia has introduced a bill that would authorize the state treasurer to invest public funds in Bitcoin. Many parties were quickly drawn to this action as, up to now, Bitcoin has been more recognized as a speculative asset than a state investment tool.

Once regarded as ‘digital gold’ for young techies, Bitcoin is beginning to find its way into government coffers. This measure intends to diversify Georgia’s financial reserves by including some money into the digital asset. Legislators, on the other hand, view Bitcoin’s usefulness as a hedge against the inflationary upheaval still afflicting the world economy.

@ Newshounds News™

“Tidbits From TNT” Saturday Morning 2-15-2025

TNT:

Tishwash: The Central Bank of Iraq is among the top 10 banks buying gold in the world

The Central Bank of Iraq ranked seventh on the list of central banks that bought the most gold in 2024, according to data from the World Gold Council.

The volume of gold purchases by the Central Bank of Iraq in 2024 amounted to about 20 tons, surpassing Hungary, Uzbekistan and Ghana, while the first six countries on the list are Poland, Turkey, India, Azerbaijan, China and the Czech Republic.

Here is a list of the top 10 central banks buying gold in 2024 :

TNT:

Tishwash: The Central Bank of Iraq is among the top 10 banks buying gold in the world

The Central Bank of Iraq ranked seventh on the list of central banks that bought the most gold in 2024, according to data from the World Gold Council.

Here is a list of the top 10 central banks buying gold in 2024 :

Poland: 89.5 tons

Türkiye: 74.8 tons

India: 72.6 tons

Azerbaijan: 44.8 tons

China: 44.2 tons

Czech Republic: 20.5 tons

Iraq: 20.1 tons

Hungary: 15.5 tons

Uzbekistan: 11 tons

Ghana: 11 tons link

Tishwash: Iraq moves towards globalization.. Implementation of international accounting standards begins in 2026

The former director of the Financial Supervision Bureau, Salah Nouri, revealed the steps taken by Iraq to move to fully implement international accounting standards by 2026.

Nouri said in a statement to {Euphrates News} that: "The unified accounting system, which was adopted in the mid-eighties, was appropriate for the economic situation at the time; but it led to Iraq's delay in keeping pace with international standards."

He added, "The Accounting and Auditing Standards Board adopted 14 accounting rules according to international standards until 2016; but that was not enough to keep pace with global developments. In 2017, the board made a bold decision to adopt all international accounting standards, with the aim of enhancing financial transparency and attracting foreign investments, especially in the oil and banking sectors."
Nouri pointed out that "the committee tasked with preparing the new unified accounting system completed its work in 2019, and the implementation of international standards was announced in 2021, but the Corona pandemic postponed this implementation."

He stressed that "the year 2026 will witness the final implementation of these standards, which will make the Iraqi accounting environment consistent with the requirements of global financial markets."
“This step will encourage foreign companies to invest in Iraq and will provide transparent financial data that will help in making sound investment decisions,” Nouri concluded.

International accounting standards are a common language for companies around the world, making it easier for investors to understand companies’ financial statements and make informed investment decisions.

This step comes as part of Iraq’s efforts to enhance financial transparency and attract foreign investment, especially in light of the economic challenges facing the country. link

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Tishwash: Framework MP calls on Parliament to pass important laws before the end of its constitutional term

Representative of the Coordination Framework, Salem Al Anbaki, called on the House of Representatives to continue performing its duties by discussing and approving important laws that affect the lives of citizens and serve the country.

Al-Anbaky confirmed to {Euphrates News} that "approving these laws before the end of the parliament's constitutional term represents a real duty that must be focused on."

Regarding the mechanism for dealing with laws, Al-Anbaky pointed out that "there is an approach followed by the parliament's presidency in managing the legislative file," noting "the lack of clarity about the method followed to determine priorities, whether by temporal precedence, based on importance, or according to what is presented by parliamentary committees."

Al-Anbaky called for "the necessity of adopting a transparent mechanism for legislating laws in a way that ensures the priority of legislation that touches on citizens' needs and aspirations." link

************

Tishwash: Iraq meets with NATO in Baghdad.. Al-Sudani stresses long-term partnership

Prime Minister Mohammed Shia Al-Sudani received today, Friday, at his residence in Munich, the Commander of the NATO Joint Forces Command, Admiral Stuart Munch.

During the meeting, they discussed enhancing bilateral cooperation with NATO in the field of training, intelligence coordination, and logistical support, based on the outcomes of the recent visit of the NATO Commander to Iraq.

It was also emphasized that the high-level security dialogue would continue in preparation for the bilateral meeting to be held in Baghdad later this year.

The Prime Minister stressed the importance of cooperation, in light of the long-term partnership with NATO, through the advisory role in the field of combating terrorism and developing and rehabilitating the Iraqi security forces, in a way that contributes to strengthening Iraq's security and stability.

For his part, Admiral Munch stressed the importance of the bilateral relationship in the field of providing advice and training, praising the great development in the capabilities of the Iraqi forces to confront challenges and impose security. link

Mot: UH OH - the day after!!!

Mot: That Was a Close un Bob

Dinar Recaps 20 2/15/25 Dinar Recaps 20 2/15/25

News, Rumors and Opinions Saturday AM 2-15-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 15 Feb. 2025

Compiled Sat. 15 Feb. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Mon. 10 Feb.: Liquidity was (allegedly) released to the 12 platforms that then funded the 38 platforms beneath them (Tiers 1 and 2). …JR Truth

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sat. 15 Feb. 2025

Compiled Sat. 15 Feb. 2025 12:01 am EST by Judy Byington

Global Currency Reset:

Mon. 10 Feb.: Liquidity was (allegedly) released to the 12 platforms that then funded the 38 platforms beneath them (Tiers 1 and 2). …JR Truth

Tues. 11 Feb. 2024: A military Intel contact said they (allegedly) released everything for the Global Currency Reset at 3pm PDT on Tues. 11 Feb. 2025 to (allegedly) start the shotgun release of liquidity & notifications over next 72 hours for the lower levels / tiers including Tier4B. …Carolyn Bessette Kennedy on Telegram

Wed. 12 Feb. Funding(allegedly) released to Bond Holder accounts. Banks could no longer (allegedly) see or have access to individual bank accounts. Some private groups were(allegedly) paid out on Wed. 12 Feb, while others will be paid on Thurs. 13 Feb. …Bruce

On Thurs. 13 Feb. Nesara (allegedly) funds started going out – so the R&R allowance it looks like started going out at `1pm to those in dire financial need. Redemption Center leaders are (allegedly) going in to work at 10am on Thurs. 13 Feb.…Bruce

Thurs. 13 Feb. A member showed a series of screen shots, that showed social security deposited in their Chase account. They weren’t expecting this amount, and not due any refunds. It shows Social Security sent the deposit, and shows it as a deposit from Social Security of $3314.00 If you add their regular $1664 monthly SS, with the surprise deposit of $3314.00 it is $22 short of the $5,000. And it came on a Thursday! NESARA!

They got their normal $1664 but then last night the $3314. Out of the blue from Social Security? This all signs of NESARA is on its way!! Everyone keep an eye out on your bank accounts in the coming weeks if you’re retired. …Judy Porter

Fri. 14 Feb. 2025: Tier 1 and Tier 2 have been paid, I was just told. …Mike Berra

Fri. 14 Feb. 2025: I’ve been told my platform (that has currency and bond holders in it) started today Fri. 14 Feb. and will start payments on Tues. 18 Feb. I expect currency notifications around same time. …JR Truth

Sat. 15 Feb. 2025 A US space Force contact plus another source said T4B would exchange no later than Sat. 15 Feb. Bond Holders have access to their funds on Sat. 15 Feb. 2025 …Bruce

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Global Financial Crisis:

Fri. 14 Feb. 2025 Banks Shut Down in 24 States: https://beforeitsnews.com/prophecy/2025/02/warning-banks-shut-down-in-24-states-wells-fargo-chase-bank-of-america-us-bank-more-2565847.html

~~~~~~~~~~

Fri. 14 Feb. 2025 Buckle up.

There’s a massive move happening in the gold market that almost nobody’s talking about. Huge physical deliveries. Shortages in London. Gold flowing into the U.S. at record levels. Someone with deep pockets is scooping up gold—likely the U.S. Treasury or Fed. …Carolyn Bessette Kennedy on Telegram

Why? The theory: They’re preparing for a full-on gold audit—meaning they’re re-shoring gold they might’ve leased out. Once audited, that gold could form the backbone of a new monetary system. This could signal a seismic shift in the dollar’s status and value.

The endgame: A major devaluation of the U.S. dollar to reset America’s global competitiveness. Think back to 1971 (Nixon shutting the gold window) or 1985 (Plaza Accord). This time, it might be even bigger—some call it the “Mar-a-Lago Accord.”

Tariffs are key. They aren’t just about steel, aluminum, or stopping fentanyl. They’re the cudgel to force other countries to accept a new currency regime. The U.S. wants to drive down the dollar’s value vs. the yuan, euro, yen, etc. to boost exports and domestic industry.

Bottom line: Prepare for a major monetary reset. One that’s orchestrated (they hope) rather than chaotic. These aren’t half-baked theories. You can see it in gold flows, Trump’s policy picks, the talk of a Sovereign Wealth Fund, and a looming forced revaluation.

Read full post here: https://dinarchronicles.com/2025/02/15/restored-republic-via-a-gcr-update-as-of-february-15-2025/

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Courtesy of Dinar Guru: https://www.dinarguru.com/

Militia Man Article quote: "...to mitigate the impact of sudden changes in the currency rates it will be necessary to have a trend towards strengthening the Iraq dinar...and diversifying...income away from the heavy dependence on the dollar." Their goal is to strengthen the Iraq dinar...This is a very big deal. You know they stopped flowing the dollar into Iraq... so they will use the dinar...Bye-bye dollar. Here we go dinar. Iraq is going to have to use their own currency...

Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says a modification to the exchange rate is a hot topic amidst his friends. FRANK: All rumors have a source of original truth. The conversations you are hearing around you may be classified as rumors but they come from a fountain of knowledge. You and many of your colleagues have gone to CBI meetings...executive meetings and you have seen what the CBI has been telling you concerning the monetary reform education, how it is explaining everything to you and the citizens...IMO in a few days they're going to show you [lower notes] because that will prepare you to receive your new exchange rate.

Ditching the Dollar for Gold & Silver – What Texas Knows

Daniela Cambone: 2-14-2025

Gold rallying alongside a strong dollar means it’s even stronger than you think, says Eric Wade, editor of Crypto Capital at Stansberry Research and author of America vs. Americans.

In this interview, he joins Daniela Cambone to discuss Texas lawmakers’ proposal to create gold and silver-backed currencies to compete with fiat money and the future of the yellow metal.

“If our trend is towards, I want to back our currency with something, gold has to be in that mix,” Wade says, predicting a $3,500 price tag in the near future.

Watch the video to learn how you can take advantage of gold’s strength in today’s economy!

Chapters:

00:00 Texas’ gold-backed currency plan

5:20 Strong dollar movement

11:30 U.S. dollar

12:07 CBDC ban

15:08 CBDC threat

17:27 Gold rally

21:38 Bitcoin

https://www.youtube.com/watch?v=YQOmjLTllDo

Dinar Recaps 20 2/14/25 Dinar Recaps 20 2/14/25

Some “Iraq News” Posted by Clare at KTFA 2-14-2025

KTFA

Clare: Source: Loans and advances have been suspended in banks since the beginning of the year.. and the reasons are revealed

2/14/2025

An informed source reported that Iraqi banks have not issued any loans or advances since the beginning of this year until now.

The source told Al Furat News Agency that "the reason behind this halt is the lack of financial liquidity and the required allocations."

KTFA

Clare: Source: Loans and advances have been suspended in banks since the beginning of the year.. and the reasons are revealed

2/14/2025

An informed source reported that Iraqi banks have not issued any loans or advances since the beginning of this year until now.

The source told Al Furat News Agency that "the reason behind this halt is the lack of financial liquidity and the required allocations."

He pointed out that it is also likely that "the suspension will be to await the approval of the new controls and conditions by the Central Bank of Iraq and other relevant authorities, in preparation for their launch. LINK

Clare: Al-Sudani Heads to Germany to Participate in the 61st Munich Security Conference

2/13/2025 Baghdad-

Prime Minister Mohammed S. Al-Sudani Headed to Germany to Participate in the 61st Munich Security Conference following the conclusion of his official visit to the Czech capital, Prague, which included the following:

Holding extensive discussions with the Prime Minister of the Czech Republic.

Meeting with the President of the Czech Republic.

Meeting with the Speaker of the Czech Parliament.

Overseeing the signing ceremony of the air transport agreement between the Iraqi and Czech civil aviation authorities.

Overseeing the signing of five memoranda of understanding:

A memorandum of understanding between the Iraqi Ministry of Oil and the Czech Ministry of Industry and Trade.

A draft memorandum of understanding between the Ministries of Interior of Iraq and the Czech Republic.

A cooperation memorandum between the Iraqi and Czech Federations of Industries.

A cooperation memorandum between the Iraqi and Czech Chambers of Commerce.

A letter of intent with the Iraqi Ministry of Environment.

Attending a meeting of the Chamber of Commerce and the Federations of Industries in Iraq and the Czech Republic.

Meeting with members of the Iraqi community in the Czech Republic.

Receiving a representative from Aero Vodochody, a company specializing in aircraft manufacturing.

Receiving a representative from UNIS, a company specializing in oil and gas production and petrochemical industries. LINK

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Clare: Al-Sudani receives a delegation from Klass Company in Munich

2/14/2025 Baghdad /

Prime Minister Mohammed Shia Al-Sudani received today, Friday, a delegation from Klas Company, which specializes in agricultural equipment, on the sidelines of his participation in the 61st Munich Security Conference.

Al-Sudani praised the work of the company, which has proven its success in Iraq and gained the trust of Iraqi farmers for its strength, pointing out that there is a popular market in Iraq for agricultural equipment, including equipment manufactured by Klas Company, in addition to the importance of cooperation and partnership with the General Company for Agricultural Equipment, and building a production line in Iraq.

Al-Sudani stressed that the government program has allocated a large space to support the agricultural sector, due to its connection to food security, and its contribution to strengthening and diversifying the economy, pointing out that Iraq exports large quantities of local wheat, after successful seasons of cultivation and continuous government support for farmers.

For his part, the delegation reviewed the work of the company, which has been present in Iraq for decades, and the desire to establish a real partnership, and the company's readiness to build a training center to develop Iraqi capabilities, as well as build a center to provide service for maintenance work of equipment and machines.LINK

Clare: Iraq wins the position of Vice President of the Middle East Committee of UNTO

2/12/2025 Baghdad -

Iraq achieved a remarkable achievement today, Wednesday, by winning the position of Vice President of the Middle East Committee of the United Nations Tourism Organization.

The correspondent of the Iraqi News Agency (INA) reported: "Iraq participated in the fifty-first meeting of the Regional Committee for the Middle East of the United Nations Tourism Organization, in the presence of a number of Arab tourism ministers and tourism sector officials in member states."

He added, "Iraq achieved a remarkable achievement by winning the position of Vice President of the Middle East Committee, in a step that reflects the progress witnessed by the Iraqi tourism sector and its growing role at the regional and international levels."

He continued, "The Iraqi delegation, headed by Nasser Murad Ghanem, Chairman of the Tourism Authority, and including Jabbar Manloon Al-Gharibawi, Director General of the Department of Tourism Facilities, and Ali Yassin, Director of the International Relations Department, held intensive meetings with their counterparts from Arab countries to enhance joint cooperation in the tourism field, and presented souvenirs to the participants, including copies of the blog "Baghdad, the Capital of Arab Tourism for the year 2025", the Baghdad Tourist Guide, and carpets decorated with pictures of Iraqi historical and archaeological sites, in addition to medals bearing the logo of Baghdad, the Capital of Arab Culture and Tourism."

He continued, "This achievement is an important step to enhance Iraq's position on the regional and international tourism map, especially with its preparations to host the events of "Baghdad, the Capital of Arab Tourism for the year 2025", which represents a great opportunity to highlight Iraq's rich cultural and historical heritage." LINK

************

Clare: Minister of Electricity discusses station maintenance with General Electric in preparation for summer

2/14/2025

Minister of Electricity Ziad Ali Fadel held a meeting with officials from the American company General Electric, to discuss the progress of maintenance work on the power stations according to the long-term maintenance contract between the two parties.

The Minister's media office explained in a statement received by {Euphrates News}, that "the contract includes periodic maintenance for about 14 power stations in various Iraqi governorates, in addition to providing original spare parts for consumed equipment, which contributes to ensuring the continuity of the stations' operation with high efficiency."

The Minister stressed "the need to accelerate the completion of maintenance work according to the specified timetables, in preparation for the peak demand season for electricity during the summer."

These meetings come as part of the Minister's continuous follow-up of plans to develop the electricity sector and ensure the readiness of stations to meet citizens' needs for electrical energy. LINK

DINARRECAPS8 2/14/25 DINARRECAPS8 2/14/25

Bruce’s Big Call Dinar Intel Thursday Night 2-13-25

Transcribed By WiserNow Emailed To Recaps

Welcome everybody to the big call tonight. It's Thursday, February 13, and you're listening to the big call. Thanks for tuning in again. Everyone, all of you guys that are getting this call out there internationally from the satellite with the SAT team using the Starlink satellite system. Thank you for the let's call it 10s of millions of you that are catching this call live right now in your own language, all around the globe. So thank you for that. Great to have you on board.

Let's get into Intel segment. Let's start with our bondholders. We heard that bondholders funds to their accounts are moving and starting sometime yesterday or last night, and are continuing to be placed into bondholder accounts, also intermediary accounts and so on.

Bruce’s Big Call Dinar Intel Thursday Night 2-13-25

Transcribed By WiserNow Emailed To Recaps

So that's happening now, and that's working to where bondholders have been notified by email that they should have access to those funds in their account on Saturday. So that's what two days away from today, they should have access to funds on Saturday.

Let's go back and see where we stand in tier four A and B. Tier four A, we tend to call the admirals groups. Tier four B called the Internet Group.

Wells Fargo knows it as tier four, and they don't distinguish that somebody has used the term tier four group, which is kind of the combination of A and B. They're calling it tier four group.

So we heard early this morning that we would be starting in a couple of days, a couple of days, and then as it worked through the day into the afternoon, the Intel got a little bit better and a little bit more precise in terms of our timing.

So we move on through and we've heard from different sources about four or five different sources that came in with very similar information and the overall consensus is that we're to be ….. okay let's back up one sec. The ……. This is specifically to be the tier 4B - the Internet Group that it was activated at noon today, noon today, on Thursday the 13th of February, tier 4b was activated. Now that means it's ready to be started or ready for us to receive notifications. Okay, so that's that's good, And that started. Today,

While we’re talking about what happened today at one o'clock this afternoon, one o’clock today, the NESARA funds started going out and I’m calling this aspect of NESARA funds our reclamation/ restitution allowance, or let's call it restitution and reconciliation allowance. That's another R and R that I sort of use occasionally. R and R funds. It looks like have started going out a day at 1pm two months dire need that they're aware of meaningful it's dire need -

I don’t know how many people. I don't know where it started, or anything other than that, but know that the R and R funds have begun, and I think for us in that is part of the Internet Group when we go in or are into our redemption centers for core appointments to exchange currencies and to redeem our Zim when we go in our R and R should be in our quantum accounts.

In other words, it should be placed in our quantum account. All we'll need to do to see it and to gain access to it is activate our quantum card. You guys remember how we're going to do that very quickly. Biometric fingerprint, new username and password – 5 digit pen code – brand new email and new email password – BOOM BOOM BOOM

That's what you need to get into and activate your quantum card. Did I mention the biometrics? No, I didn't biometric, fingerprint or thumbprint, either one should be kept and essentially held in one of three computer chips in this quantum card. Okay, you don't lose that card. You keep it very safe.

You don't carry it around with you. It's only used to move funds from the quantum account to your wells, Fargo, in my case, Wells Fargo primary account or secondary accounts, and move it to the bank account. And as of I believe, was yesterday, banks can no longer willy nilly look into and track our accounts.

They can't see the money that's in our accounts, because I'm going to say as of today, not yesterday, but either way, we are now. We are now in a process of being no longer mirrored in a quantum financial account, but our funds in our bank accounts, already, in the quantum financial account, in our quantum bank accounts.

That's that's something that is taking place now, because, as we speak, they are activating the FinTech system, which is connected to the QFS the quant financial system, and this StarLink satellite system of the part of the FinTech system is the QRP digital coin, or token currency that is used and is being used to back our USTN, our United States Treasury note money, or new USN currency.

So the whole thing is coming together now, where we are for the first time, fully integrated now into the quantum financial system, which is happening now around the world. Now, will it take very long for it to be fully let's call it acclimated. I don't know how long it's going to take down the globe, but I do know that now we are no longer mirrored, but our accounts are actually part of the quantum financial system, and I like the idea that the XRP is being used to back the value of our currency, and it's being introduced and held Through the FinTech system.

It's complicated, and I think I I understand the concept of it, but it's definitely something that's pretty cool now. So that happened today, that activation, if you will, of the QFs with the fintech. So what is going on now? All right, let's go back and see where that puts us now. We know what that is.

The next thing that we're hearing was that we heard from a couple of different sources in two days. We got that last night. Then we heard today, as of noon, today. Remember what happened at noon? You know we will get started in 24 hours with notifications so we can look for our notifications probably as early as around lunchtime tomorrow, Friday, 14, which is Valentine's Day.

Now here's the thing we know redemption center staff, some may go in early some we know the leaders are going in at 10 o'clock in the morning into redemption centers. We know that the rates have come up on the screens, but we also know that the rates are fluctuating, trading back and forth at a very high rate of speed right now, but as it keeps trading through the night and into tomorrow, it will probably settle in, if not tomorrow, it should settle in on Saturday.

Which brings me to the next piece of intel that we received from a US, Space Force contact that said that we would be exchanging and talking about tier 4b those of us in the Internet Group, we will be exchanging, according to this source, no later than Saturday, which remember, Saturday is the 15th of the month.

Now, the last source that we heard from was saying that we would, we would be notified tomorrow, and exchanging starting Saturday.

So the last two sources agreed on the start date of Saturday, even though the other ones were leading up to that, these two were saying that we would be getting notified tomorrow could be around lunchtime, around noon, could be a little before, could be a little later around noon, And then set our appointments tomorrow for starting Saturday, okay? And that means that we also would go through the weekend, set appointments for Saturday, Sunday, Monday, Tuesday, for two weeks.

It looks like we're exchanging for at least two weeks. Some areas of the country will go 19 days of exchanges. Some areas of the country will go six or seven days. It just depends on how many courtesy holders are living in those areas, and whether or not Zim holders, which they want zim holders in first guys, they want the Zim holders, because the value of the Zim is so great, and we will absolutely hydrate the banks again,

We are the ones that are bringing the value back to the banks, where they will have the funds that we take from our quantum account and put into our bank accounts that will help the banks to reach a certain level of liquidity.

So we've got bondholders to receive their liquidity in their accounts and have access to it on sometime on Saturday, and we have ourselves getting notified tomorrow to set appointments to exchange starting Saturday, in which case we will also have our liquidity.

But our liquidity, for the most part is being put on a credit debit card. You take the quantum account, we move funds from the quantum account after our currency exchange, and the Zim is redeemed, goes all of it, all of it goes into quantum account, draws no interest. It's a safe space for money.

Then you can move the first six months, no, I'm gonna say the first 60 days, you'll move a smaller amount of your total, a smaller amount of your total, if you’re a zim holder - millions, billions, and so maybe a few billion dollars into your primary bank account there, you spend it off using credit debit card.

Obviously, you can get checks for your account or you can wire your funds if you have a large amount. That's not practical to send any other way but a bank wire and those bank wires are essentially very quick moving these days.

Let's see. That gives the timeline. It really started today at noon with the activation for tier 4B, and I believe we're going alongside, in parallel, to the Admiral's groups and everything that would be considered for a tier 4A - So we know that the admirals considered a private group, started being paid out yesterday, and more were going to be paid out today. Probably more would be paid out for a period of two or three days.

So if you're in the admirals group, you should be looking for an email to confirm the funds - And in my opinion, unless you didn't put very much with the Admiral at all, but if you put any Zim or anything of any size with the admiral, you would get an email that we asked you, yeah, the funds are in your quantum account, just like we're going to have our funds placed into a quantum account, since they've already ponied up their currency with the Admiral years ago, some of them six, 810, years ago, that means that those funds in the exchange value should go into The Quantum account, then they access their funds from quantum just like we would, by activating brand new quantum card and then moving those funds into their bank account.

Okay, so that's really a parallel thing that we're going to see with us – Now bondholders get access to their funds on Saturday. Those of us who get exchanged on Saturday have access to our funds on Saturday, and can move some and spend some with our credit

Debit card with Wells Fargo and then, of course, you can move and have up to three different banks attached to your quantum card

Okay, I'm going to keep everything with Wells to start with, and see how they treat me, and see if I want to keep it all there, or I want to diversify into two or three banks. So the onus is on wells to perform for us, and I think they will. I think they want to keep as many customers that can with them. So let's see how they do the wealth management / Private bankers work with us. They're actually called premier bankers, Premier because we're premier customers with them

All right, so that's really what I wanted to say tonight. Let's see if there's anything else that comes up.

All right, let's see what else I think that is pretty much good, except one other possibility, these numbers come out like we like I've been told tomorrow and we start setting our appointments, and we start going on Saturday, will we have a celebration call? We might record a celebration call tomorrow. We might just be in a position where the three of us can record a celebration call sometime tomorrow.

So I'd say Now when that happens, when we record it, remember what it does to recording that we're on tonight. It supplants this recording. It moves it out of the way, as if it were a regular dupu. So just be aware of that if you're somebody who listens to the recording and you want this recording tonight, make sure that you listen to it.

Make sure you have it, because tomorrow it could get removed. If we do a celebration, call, all right, so that would be a short call, 20 minutes, 30 Max, 20 to 30 minutes, and then we wait for us to celebrate and let you guys know that everything's done.

When we're going to send that out, as soon as we can, probably have the the 800 number posted on our website as well.

We'll see what happens tomorrow. We'll see if everything happens like I say, this is our last live call. So I want to thank everybody in big call universe that student did listen to me, Bob Fauci, over the last 10 years, those of you who have listened to just me and a few other people in the past, over the last start of 14 years.

So thank you guys. A lot of you guys have been faithful listeners since the very first call on December the 2011 that's right call. And we started with 300 people, and the next week there were 900 people. And then it grew from there. Now we're, we're hitting and well, 18 and 24 million listeners are on the globe because of the star link satellite system and the satellite team, they hooked all that up for us. Great.

Thanks those out to the SAT team, and you know who you are for putting this together for us where we can be reached and heard all over the globe in so many different languages, translates it to their particular language around the globe, which is a great benefit.

And thank you. Sue for your success, health, cannabis and love that you bring to the big call. And thank you, Bob for everything that you've brought and the building for you to handle the set up the board and handle everything, and just all of the valuable nutritional information, health information, everything that you've very valuable company with boomers that we just love.

Pay attention if we move forward and set our appointments Saturday, and we ought to be able to do a celebration call and record it for you so you can have that all right. Well, thanks everybody. Everybody, have a great night. Sleep tight and look for tomorrow. All right, let's pay the call out.

Bruce’s Big Call Dinar Intel Thursday Night 2-13-25 REPLAY LINK Intel begins 1:19:20

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DINARRECAPS8 2/14/25 DINARRECAPS8 2/14/25

Seeds of Wisdom RV and Economic Updates Friday Afternoon 2-14-25

Good Afternoon Dinar Recaps,

U.S. BANKS EYE CRYPTO CUSTODY AMID TRUMP’S PRO-CRYPTO SHIFT

The U.S. crypto scene is booming with President Donald Trump’s return, as his pro-crypto stance and push for clear regulations are sparking excitement on Wall Street.

In a recent update, Crypto reporter Yueqi Yang has shared insights on the growing involvement of U.S. banks in the crypto services sector. Notably, some large banks are leveraging regulatory changes under President Trump to enter the market, with a focus on cryptocurrency custody.

Good Afternoon Dinar Recaps,

Citigroup is considering adding crypto custody services, according to sources quoted by The Information. This move follows the bank’s announcement of a successful proof of concept project, which showed its ability to issue and store tokenized private equity funds on a blockchain network.

Citigroup Joins Major Financial Players

Notably, Citigroup, with $2.4 trillion in assets, is joining other major financial institutions in the growing digital asset custody space.

BNY Mellon is expanding its custody services beyond Bitcoin and Ethereum ETFs, while Standard Chartered has rolled out a digital asset custody service in Dubai. HSBC is planning institutional-grade custody offering, and Crédit Agricole and Banco Santander’s joint venture secured crypto custody approval in France.

Meanwhile, State Street, managing $44.3 trillion, partnered with Taurus to offer crypto custody and tokenization services for institutional investors.

While Coinbase is in talks with banks to offer custody and trading services, however, many banks are still waiting for approval from the Federal Reserve and the New York Department of Financial Services, which is delaying their entry into crypto trading, noted The Information reporter Yueqi Yang.

More Banks Eye Crypto Services

Jerome Powell, the Federal Reserve Chair, said U.S. banks with proper risk checks could serve crypto clients. However, many in the industry are concerned about debanking tied to new tech. Recently, Powell has promised to work with Congress to end this issue.

At the same time, more banks are eyeing crypto services. In January, Morgan Stanley-backed E-Trade hinted at offering crypto services, while Goldman Sachs said it would consider digital asset operations if regulations allowed.

@ Newshounds News™

Source: Coinpedia

~~~~~~~~~

JUDGE REMOVES KEY LEGAL HURDLE FOR TRUMP’S PLAN TO TRIM FEDERAL WORKFORCE WITH DEFERRED RESIGNATIONS

WASHINGTON (AP) — A federal judge on Wednesday removed a key legal hurdle stalling President Donald Trump ’s plan to downsize the federal workforce with a deferred resignation program.

The Boston-based judge’s order in the challenge filed by a group of labor unions was a significant legal victory for the Republican president after a string of courtroom setbacks.

“This goes to show that lawfare will not ultimately prevail over the will of 77 million Americans who supported President Trump and his priorities,” said White House press secretary Karoline Leavitt.

Another group of unions filed a lawsuit in Washington, D.C. late Wednesday, though its potential impacts were not immediately clear.

About 75,000 federal workers accepted the offer to quit in return for being paid until Sept. 30, according to McLaurine Pinover, a spokesperson for the Office of Personnel Management.

She said the deferred resignation program “provides generous benefits so federal workers can plan for their futures,” and it was now closed to additional workers.

@ Newshounds News™

Source: AP News

~~~~~~~~~

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Dinar Recaps 20 2/14/25 Dinar Recaps 20 2/14/25

‘The System Is Rigged to Collapse’ – Why This Is an Escape Hatch | Jeff Booth

‘The System Is Rigged to Collapse’ – Why This Is an Escape Hatch | Jeff Booth

Kitco News: 2-13-2025

Is the world being repriced right now and what does that mean? The U.S. debt spiral has reached a breaking point, surpassing $36 trillion, with inflation and financial repression accelerating.

As trust in fiat currencies erodes, Bitcoin and gold are emerging as competing safe havens, but will governments embrace, manipulate, or try to control them?

Jeff Booth breaks down why the current system is unsustainable, how AI and deflationary forces are colliding with an inflation-driven monetary system, and whether a Bitcoin Strategic Reserve is inevitable.

‘The System Is Rigged to Collapse’ – Why This Is an Escape Hatch | Jeff Booth

Kitco News: 2-13-2025

Is the world being repriced right now and what does that mean? The U.S. debt spiral has reached a breaking point, surpassing $36 trillion, with inflation and financial repression accelerating.

As trust in fiat currencies erodes, Bitcoin and gold are emerging as competing safe havens, but will governments embrace, manipulate, or try to control them?

With central banks accumulating gold at record levels and Bitcoin adoption spreading, we ask: Is a financial reset coming? What happens to your wealth, your savings, and the future of money?

Key Points:

-Why the U.S. debt crisis is past the point of no return

-Could Bitcoin become a national strategic reserve asset?

-Is Bitcoin’s decentralization strong enough to resist state control?

-Gold vs. Bitcoin: Which wins in a financial reset?

-How inflation, AI, and monetary policy are reshaping global markets

00:00 Introduction: US Sovereign Wealth Fund & Bitcoin's Role

02:39 Bitcoin's Impact on the Economy and Inflation

09:08 Volatility and Security Concerns with Bitcoin

20:30 Comparing Bitcoin and Gold as Investment Assets

26:08 Bitcoin's Impact on Global Politics

28:12 The Chaos Loop and Global History of Money

30:37 The Rapid Growth of Bitcoin Adoption

35:36 Predictions for Bitcoin and the Global Economy

41:50 Global Leaders in Bitcoin Adoption

https://www.youtube.com/watch?v=RwRRqkzN4uE

Dinar Recaps 20 2/14/25 Dinar Recaps 20 2/14/25

Coffee with MarkZ and Mr. Cottrell. 02/14/2025

Coffee with MarkZ and Mr. Cottrell. 02/14/2025

MarkZ Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions

Member: Happy Valentines Day everyone!!!

Member: I would LOVE to see an RV for us all today for sure!!

Member: Is this the weekend we see it hit the forex?

Coffee with MarkZ and Mr. Cottrell. 02/14/2025

MarkZ Update- Some highlights by PDK-Not verbatim

Member: Happy Valentines Day everyone!!!

Member: I would LOVE to see an RV for us all today for sure!!

Member: Is this the weekend we see it hit the forex?

Member: Well…it is a 3 day weekend…..hoping this is it!!

Member: I’m hearing everything is in motion and it won’t be long to get to us.

MZ: It was pretty quiet on the bond side and the group side overnight. Painfully quiet.

Member: Guess it’s the quiet before the storm….we hope.

MZ: And remember Sudani was in Prague yesterday where the World Court is….and his team was at the UN in New York.

Member: (From Dinar Guru) Mnt Goat Articles: “AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THEDINAR?” and ” TARGETING IRAN, US TIGHTENS IRAQ’S DOLLAR FLOW, CAUSING PAIN“. These are my favorite articles in the news... It may at first seem imposing, but it will lead us to what we have been looking for all along...this move by the US is supported by the CBI and is in the plan as the next move that had to be made...It is going to set up the dinar for the future value...

MZ: That’s right….and they told us in 2023 that when the Arab summit returned –the dinar would have a new value. It was a promise they made. And the Arab summit will be going on next month!

Member: Iraq announced a new found oil field & now are richer than Saudia Arabia

Member: If it doesn't happen this month will Ramadan from 2/28 until 3/29 delay it?

MZ: “Loans and advances in banks have stopped since the beginning of the year- Reveal the reasons” they tell us that to many people are still hanging onto their dinar under their mattresses and there is an liquidity crunch. So they paused these things saying there is not enough cash in circulation because people are hoarding it. This is the excuse the banks are using.

Member: For goodness sakes…..if Iraq would raise the dinar value – these problems will just melt away…sheesh. .

MZ: Yes and is it possible people are hoarding their dinar because they know a value change is coming. I believe yes…..it is possible

MZ: “Iraq’s Golden treasure –Does it protect the country from the fluctuation of the economy?” The answer is yes. Gold is timeless in value and they have greatly increased their gold reserves so they have stability in their economy.

MZ: I believe more and more countries are preparing for a “gold standard”

MZ: “Budget and the relationship with Trump” He tells us things are great and they are talking to the US all of the time. Security is really improving and they are working on removing the tentacles of Iran.

Member: I believe we may be waiting for the audits to finish at the Federal Reserve, The IRS, The US Treasury and Ft. Know before they pull the RV trigger?

Member: Well we don’t want bad guys being able to access our funds…..makes sense I guess.

Member: DOGE arrived at the IRS a couple of days ago!! And Ron Paul is going to audit the Fed.

Member: Get em DOGE, darn IRS…..

Member: Several IRS agents are taking the pay to leave! What's that tell you??!

Member: Elon Musk: "I've had a top secret clearance for many years and have clearances that themselves are classified."

Member: They may need those figures for the QFS to start????

Member: Wait til DOGE audits the Federal Reserve and Wall Street ..

Member: We're watching NESARA roll out right now with the eliminating the Govt agencies

MZ: “14 states sue to block DOGE from uncovering government abuses and slashing waste” DOGE is just auditors…They cannot make changes….they can only audit and show the waste. They can make suggestions …but that is all they can do. Does anyone apprecieate the irony that the IRS is pitching a fit because they are being audited???

Member: I want to know just what they all are hiding…..

MZ: “ Congress has 30 days before a government shutdown deadline” Remember that the Biden administration spent 3 months worth of budget funds in the 20 days before Trump took office.

MZ: “ House Republicans strike deal to cut $1.5 Trillion from budget-Paving way for Trump’s legislative agenda” It’s all over the news that they have already struck a deal …It is out of committee and needs a full vote. It does look good and will result in tremendous cuts in spending through cleaning up waste and fraud.

Member: silver hits a high of $34.24 in early morning

Member: Stay calm, think clearly, act Decisively!!!!! We are at the end of this stay positive!!!!!!

Member: So excited for this 3 day weekend - could be the start

Member: I never realized how many 3 day weekends we actually had, until I started living from one to the next on the edge of my seat!

Member: Maybe this is the weekend. Given that all other RVs took place on Wednesday or Saturdays…and Presidents Day is Monday the 17th!!

Member: To the Republic for which we all stand...Love Light Life All

Member: Thank you Mark MODS, Mr.C and family. Have an awesome weekend.

Mod: There will probably not be a podcast tonight so everyone can enjoy their Valentines night.

Mr. Cottrell joins the stream today. Please listen to replay for his thoughts and opinions…there are some technical difficulties with Mr. C.

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

FOLLOW MARKZ : TWITTER . https://twitter.com/originalmarkz?s=21. TRUTH SOCIAL . https://truthsocial.com/@theoriginalm...

Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, medical opinions or many guests on this stream……just RV/currency related topics.

ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut

THANK YOU ALL FOR JOINING. HAVE A BLESSED VALENTINES DAY! SEE YOU ALL IN THE MORNING FOR COFFEE @ 9:45 AM EST ~ UNLESS BREAKING NEWS HAPPENS!

Twitch: https://www.twitch.tv/theoriginalmarkz

Youtube: https://www.youtube.com/watch?v=4mP7bnCcPOc

Dinar Recaps 20 2/14/25 Dinar Recaps 20 2/14/25

Banking System Implosion

Banking System Implosion

Liberty and Finance: 2-13-2025

In a recent appearance on Liberty and Finance, financial analyst Gregory Mannarino dissected the precarious state of the banking system and its broader ramifications on the American economy.

Mannarino pulled no punches, highlighting the inherent flaws within the fiat currency model, the inadequacy of Federal Reserve audits, and the dangers lurking within the deregulation of banks.

Mannarino began by addressing the fundamental challenge of managing national finances within a fiat currency system.

Banking System Implosion

Liberty and Finance: 2-13-2025

In a recent appearance on Liberty and Finance, financial analyst Gregory Mannarino dissected the precarious state of the banking system and its broader ramifications on the American economy.

Mannarino pulled no punches, highlighting the inherent flaws within the fiat currency model, the inadequacy of Federal Reserve audits, and the dangers lurking within the deregulation of banks.

Mannarino began by addressing the fundamental challenge of managing national finances within a fiat currency system.

He argued persuasively that the inherent structure of fiat money, unbacked by tangible assets, makes reigning in government spending an uphill battle. This, he contends, contributes significantly to the ongoing economic struggles and the relentless expansion of the national debt.

Without the discipline imposed by a commodity-backed currency, governments are more inclined to overspend, leading to inflation and erosion of purchasing power.

Furthermore, Mannarino cast a critical eye on the audits conducted by the Federal Reserve. He argued that these audits are often superficial and fail to provide a transparent and comprehensive picture of the nation’s financial health. This lack of transparency, he claims, leaves consumers in the dark, unable to make informed decisions based on the true state of affairs. Instead, they are often presented with a sanitized version of reality, obscuring the systemic risks brewing beneath the surface.

He stressed the importance of individuals demanding greater accountability and transparency from the central bank to safeguard their financial well-being.

Perhaps the most alarming aspect of Mannarino’s analysis centered on the deregulation of banks. He warned that loosening the regulatory reins on financial institutions could pave the way for increased risk-taking and potentially devastating consequences for consumers.

Deregulation, he argues, allows banks to engage in more speculative activities, ultimately jeopardizing the financial security of average citizens. This echoes concerns raised in previous financial crises, where inadequate oversight allowed banks to engage in reckless behavior, leading to widespread economic devastation.

Interestingly, Mannarino also addressed the attention being given to Bank of America, suggesting that it might be strategically positioned as a scapegoat for problems that extend far beyond the institution itself. He warned against focusing solely on individual entities while ignoring the deeper systemic issues that plague the entire financial landscape.

By singling out Bank of America, he suspects, the powers that be may be attempting to divert attention from the broader structural flaws that require fundamental reform.

In conclusion, Gregory Mannarino’s appearance on Liberty and Finance painted a stark picture of the challenges facing the American economy.

His insights into the limitations of the fiat currency system, the inadequacies of Federal Reserve audits, and the dangers of deregulation serve as a potent warning for consumers to remain vigilant and demand greater accountability from those entrusted with managing the nation’s financial affairs.

His commentary serves as a stark reminder that understanding the complexities of the banking system and the policies that shape it is crucial for protecting one’s financial future in an increasingly volatile economic environment.

https://youtu.be/PAucB198T_Q

DINARRECAPS8 2/14/25 DINARRECAPS8 2/14/25

Seeds of Wisdom RV and Economic Updates Friday Morning 2-14-25

Good Morning Dinar Recaps,

TWO NEW FEDERAL LAWSUITS CHALLENGE TRUMP, MUSK AND DOGE ON CONSTITUTIONAL GROUNDS

WASHINGTON — More than a dozen state attorneys general and numerous current and former government employees filed lawsuits Thursday aiming to stop billionaire Elon Musk from shuttering federal agencies.

The two complaints allege the far-reaching power Musk has asserted under the so-called Department of Government Efficiency, or DOGE, is a violation of the Constitution’s Appointments Clause. The clause stipulates presidential appointments must come under the advice and consent of the U.S. Senate.

Good Morning Dinar Recaps,

“Questions regarding Defendant Musk’s and DOGE’s role, scope of authority, and proper appointment processes are not merely academic. Plaintiffs — among countless other American individuals and entities — have had their lives upended as a result of the actions undertaken by Defendants Musk and DOGE,” according to a complaint filed by 26 unnamed former and current employees in the U.S. District Court for the District of Maryland.

The employees, though unidentified, collectively have decades of service at federal agencies, including USAID, where on Feb. 2 Musk’s DOGE personnel broke into the agency’s headquarters.

Citing damages to their careers and financial security, the plaintiffs are seeking the court to block “Defendant Musk and his DOGE subordinates from performing their significant and wide-ranging duties unless and until Defendant Musk is properly appointed pursuant to the U.S. Constitution.”

Democratic attorneys general

Fourteen state attorneys general filed a separate lawsuit in the U.S. District Court in the District of Columbia, requesting the court block further action from Musk and DOGE. The lawsuit also names President Donald Trump as a defendant.

Trump established the U.S. DOGE Service on his first night in office via executive order, and created the entity as a temporary organization with the purposes of modernizing government technology. Presidents do not have the power to create new federal agencies; by law only Congress can.

Musk is a “special government employee,” according to the White House.

The state attorneys general also argue that Musk’s actions, with Trump’s blessing, are violating the law governing temporary organizations under the executive branch.

“By its plain terms, this limited authorization does not amount to a carte blanche grant of authority to the Executive to create new federal agencies from whole cloth,” according to the complaint.

In the first three weeks of Trump’s administration, Musk and his personnel — most of whom worked at one of Musk’s private companies — have accessed the backend of numerous government agencies, including the Department of Treasury’s central payment system, and orchestrated the ouster of civil servants.

Musk has touted on X canceling millions upon millions in government payments and contracts.

Lawsuits pile up

The two lawsuits Thursday are just the latest among scores of legal challenges piling up against Musk and Trump.

Musk has lashed out on X, his own social media platform, against federal judges who have issued injunctions against the Trump administration.

New Mexico Attorney General Raúl Torrez said the U.S. Constitution was “founded in part to guard against the accumulation of state power in the hands of a single individual.”

“And while that construction was first focused on the abuse of power of an 18th-century monarch, it is no less dangerous in the hands of a 21st-century tech tycoon,” Torrez said during a virtual Thursday press conference alongside Arizona Attorney General Kris Mayes and Michigan Attorney General Dana Nessel.

Mayes said Americans are witnessing an “ongoing coup against the Constitution of the United States as we speak.”

“The richest man in the world is now running roughshod over the authority of federal agencies in violation of the rule of law and the Constitution,” Mayes said.

Nessel said Musk’s actions are “by far the largest and most urgent concern of the individuals, Michiganders, who have been reaching out to my office.”
]
“It’s left them feeling hopeless and paralyzed to protect themselves, their personal information, critical funding, programming and jobs that they depend on,” Nessel said during the press conference.

State attorneys general from California, Connecticut, Hawaii, Maryland, Massachusetts, Minnesota, Nevada, Oregon, Rhode Island, Vermont and Washington, also joined the lawsuit.

Musk’s estimated wealth is $379 billion, according to Bloomberg’s billionaire index cited by the government employee plaintiffs. Musk owns Tesla, SpaceX, Neurolink, xAI and X, formerly known as Twitter. During the 2024 presidential election cycle, Musk was the top donor to Trump and Republicans at $288 million.

@ Newshounds News™

Source: TennesseeLookout

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MICHIGAN BECOMES LATEST STATE TO PROPOSE CRYPTO RESERVE BILL

A bill filed in Michigan’s House would allow the state to buy crypto and lend it out to increase yields for state funds.

Michigan has become the latest US state to propose a strategic Bitcoin reserve bill, bringing the total number of states moving crypto reserve-related legislation to 20.

On Feb. 13, Representatives Bryan Posthumus and Ron Robinson introduced HB 4087 to amend the state’s Management and Budget Act to establish a strategic Bitcoin reserve.

The move makes Michigan the 20th US state with legislation for state crypto investments pending a vote.

“Michigan can and should join Texas in leading on crypto policy by signing into law my bill creating the Michigan Crypto Strategic Reserve,” Posthumus said on X. Texas Senator Charles Schwertner had filed a similar bill to the state’s Senate on Feb. 12.

The Michigan bill would allow the state’s treasurer to invest in crypto from both the general fund and economic stabilization fund with a cap of 10%. The bill doesn’t specify any limits or guidelines for what cryptocurrencies can be bought for the reserve.

The bill also includes a provision for lending crypto, saying that “if cryptocurrency can be loaned without increasing financial risk to this state, the state treasurer is permitted to loan the cryptocurrency to yield further return to this state.”

The state must hold crypto directly through secure custody solutions or exchange-traded products from registered investment companies.

Michigan’s state pension fund already has exposure to Bitcoin and Ether exchange-traded funds.

Posthumus also floated the idea of “MichCoin” in a Feb. 13 X post, which he said was “a stablecoin, which I believe the state of Michigan should create” that he said would “have real value — tied to our gold and silver reserves.”

There are currently 20 US states that have crypto reserve bills that have advanced beyond the level of a House committee.

The most recent state to propose or amend a crypto bill was Texas, which filed for legislation this week to allow the state to invest and trade crypto assets. North Dakota, meanwhile, is the only state to have rejected legislation regarding crypto investments.

@ Newshounds News™

Source: CoinTelegraph

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